Arizona § 48-1410 - Issuance of bonds
Full text of Arizona Arizona Revised Statutes § 48-1410 — Issuance of bonds, with citation guidance and answers to common questions.
§ 48-1410. Issuance of bonds
A. The board of supervisors shall issue the bonds of the district in the number and amount provided in the proceedings, payable from the road fund of the district, naming the district. The money for redemption of the bonds and payment of interest thereon shall be raised by taxation upon all real property and mobile homes in the district.
B. The board of supervisors shall prescribe the form of the bonds and the interest coupons attached thereto, and fix the time, not to exceed twenty years from the date thereof, when the whole or any part of the principal of the bonds shall be payable. The bonds shall bear interest, payable semiannually, at the rate or rates set by the accepted bid which shall not exceed the maximum rate of interest set forth in the resolution calling the election and shall be sold in the manner prescribed by the board of supervisors, but for not less than par. The proceeds of the sale shall be deposited in the county treasury to the credit of the road district, to be withdrawn for the purposes provided by this article as other road district money is drawn.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-1410
What does Arizona Revised Statutes § 48-1410 cover?
Section 48-1410 ("Issuance of bonds") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 48-1410?
A common citation format is "Arizona Revised Statutes § 48-1410" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 48-1410 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.